At the beginning of August, major PV inverter manufacturer Sungrow Power Supply Co., raised around US$400 million in new capital via a private placement of shares with multiple Chinese banks.
Having recently revealed that ‘Silicon Module Super League’ (SMSL) member JinkoSolar had become the largest solar PV module manufacturer in 2016, PV Tech gets to grips with the key factors behind the success.
Abu Dhabi’s leading renewable energy firm Masdar has completed eight new solar PV projects in rural communities in Mauritania, doubling the amount of clean power provided to the Islamic Republic nation and powering some 39,000 homes.
The United States Agency for International Development (USAID) has announced US$4 million in new investments for off-grid solar in Africa during the COP22 conference in Marrakesh, Morocco.
Saudi Arabian power engineering firm Acwa Power and China’s Chint group have chosen EPC specialist Sterling and Wilson (S&W) to construct a 170MW solar PV facility in Morocco.
In this week's Movers & Shakers, PV Tech reports on employment happenings across the globe in Europe, the US and the Middle East. ACWA Power creates a new clean energy division, the executive director of the IEA wins a prize and 8minutenergy's general counsel is appointed to the US Department of Commerce's Renewable Energy and Efficiency Advisory Committee (REEEAC).
Leading PV manufacturing equipment supplier Meyer Burger Technology has made some major made changes to its senior management and plans for new Board directors, led by the stepping down of CEO for 14 years, Peter Pauli.
Specialist polysilicon market research firm, Bernreuter Research has warned of continued overcapacity that will force pricing down below many producers' cash cost levels and threatens the existence of high-cost producers in 2018.
After a backlash from Illinois governor Bruce Rauner and his administration, ComEd and Exelon verbally agreed on Tuesday to ditch some of the most controversial provision in their Future Jobs Energy bill, including the mandatory demand charge.
